Chartered Accountant (CA) Question:

Describe allowances which are fully taxable?

Answer:

★ Dearness Allowance
★ City Compensatory Allowance
★ Medical Allowance
★ Lunch Allowance
★ Servant Allowance
★ Family Allowance
★ Warder Allowance
★ Overtime Allowance
★ Family Allowance

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